India committed to investor-friendly business environment: President Murmu
New Delhi, July 20
President Droupadi Murmu on Monday invited Moldovan businesses to explore investment and trade opportunities in India, saying the country is among the world's fastest-growing major economies and offers a transparent, predictable and investor-friendly business environment as it moves towards the vision of Viksit Bharat 2047.
Addressing the India-Moldova Business Forum in Chisinau during her state visit to Moldova, President Murmu said India sees trusted international partnerships as central to achieving shared prosperity and sustainable economic growth.
"India offers good business opportunities for Moldovan companies for trade and business. We remain committed to fostering a transparent, predictable and investor-friendly business environment," the President said.
Describing her visit as the first-ever state visit by an Indian President to Moldova, she said it reflects India's commitment to strengthening bilateral ties across political, economic, cultural and people-to-people spheres.
"My visit to Moldova is the first state visit by an Indian President which reflects India's commitment to deepening engagement with Moldova in all spheres including political, economic, cultural and people-to-people ties. I am accompanied by a large business delegation from India," President Murmu said.
"Their presence demonstrates the growing confidence of Indian industry in Moldova's economic potential and its commitment to building long-term partnerships," the President stated.
President Murmu said India and Moldova have enjoyed warm and friendly relations since establishing diplomatic ties in 1992, with the partnership founded on mutual respect, democratic values and a shared commitment to peace, development and international cooperation.
"India today is among the fastest-growing major economies, driven by entrepreneurship, digital transformation, manufacturing excellence and a young skilled workforce," President Murmu mentioned.
"At the same time, Moldova has a richly oriented outlook, strategic location, talented human capital and growing integration with European markets, which makes it an important destination for Indian businesses," the President added.
The President identified several sectors with significant potential for bilateral collaboration, including digital technologies, artificial intelligence, cybersecurity, fintech, digital public infrastructure, infrastructure development, renewable energy, advanced manufacturing, logistics, agriculture, food processing, pharmaceuticals, biotechnology and healthcare.
— IANS
Reader Comments
All these grand speeches about 'investor-friendly environment' sound great, but we need to see real action on the ground. Bureaucracy and red tape still remain big hurdles for small businesses. Let's hope the President's words translate into actual policy improvements.
As an American who works with Indian companies, I can confirm that the business environment has improved significantly. The digital transformation and skilled workforce are truly impressive. India is becoming a reliable partner for global supply chains.
President Murmu is doing a fantastic job representing India abroad. From East Africa to Eastern Europe, she's creating new partnerships. The focus on AI, fintech, and renewable energy shows we're thinking about the future, not just the present.
I appreciate the emphasis on 'transparent and predictable' environment. As someone running a small export business, predictability is everything. But we still face challenges with GST and customs clearance. These international delegations should lead to domestic improvements too.
Living in the UK, I see the increasing Indian business presence here. It's great that India is now targeting newer markets like Moldova. The President's mention of 'digital public infrastructure' is interesting - that's an area where India genuinely leads.
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